Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,823 per ton, picking up by 5% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses increased by +101.1% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($4,823 per ton) and South Africa ($4,823 per ton), while the price for Hungary ($4,823 per ton) and China ($4,823 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $3,608 per ton in 2022, approximately equating the previous year. In general, the export price recorded a modest increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 170%. The export price peaked at $12,790 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +17.2% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Egypt fell slightly to 1.4K tons, reducing by -1.7% on the previous year's figure. In general, imports showed a sharp downturn.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $6.6M in 2022. Over the period under review, imports saw a deep setback.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,787 | 3,093 | 2,287 | 3,483 | -2.8% |
| Italy | 713 | 691 | 444 | 957 | 10.3% |
| Turkey | 935 | 626 | 768 | 466 | -20.7% |
| Germany | 1,180 | 530 | 173 | 372 | -31.9% |
| Spain | 403 | 173 | 145 | 310 | -8.4% |
| South Africa | 168 | 279 | 18.6 | 205 | 6.9% |
| Netherlands | 966 | 242 | 387 | 181 | -42.8% |
| Hungary | 52.8 | 26.0 | 720 | 91.7 | 20.2% |
| India | 511 | 131 | 230 | 56.4 | -52.0% |
| Poland | 326 | 159 | 38.8 | 34.6 | -52.7% |
| Others | 940 | 515 | 1,138 | 395 | -25.1% |
| Total | 9,982 | 6,464 | 6,349 | 6,552 | -13.1% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Egypt in 2022:
- China (722.1 tons)
- Italy (198.5 tons)
- Turkey (96.7 tons)
- Germany (77.1 tons)
- Spain (64.3 tons)
- South Africa (42.5 tons)
- Netherlands (37.5 tons)
- Hungary (19.0 tons)
- India (11.7 tons)
- Poland (7.2 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt
In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were finally on the rise to reach 2.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp contraction.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses rose rapidly to $10K in 2022. Over the period under review, exports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 10.0 | 0% |
| China | N/A | 0.3 | 9.4 | N/A | 3033.3% |
| Tanzania | N/A | 4.0 | N/A | N/A | 0% |
| Italy | 9.9 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 35.1 | N/A | N/A | 0% |
| Others | 10.2 | N/A | N/A | N/A | 0% |
| Total | 20.1 | 39.4 | 9.4 | 10.0 | -20.8% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Egypt in 2022:
- Switzerland (2.8 tons)
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